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Apollo Global Management is looking to invest in a plan by Seven & i's Ito family to privatize the Japanese convenience store operator. Apollo may invest up to 1.5 trillion. Ito family and Itochu Corporation are also key investors. Japan's top banks are expected to contribute to the financing. The buyout may be valued lower than initially planned.
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News and Media
South Korean President Yoon Suk Yeol's security chief resigned following allegations of obstructing duties during an attempt to arrest Yoon. The Corruption Investigation Office is considering the next steps in the probe. Acting President Choi Sang-mok accepted the resignation amidst ongoing tensions between government agencies.
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News and Media
Japan has approved more sanctions against Russia due to its war on Ukraine. These include freezing assets of various entities and banning exports to several organisations in Russia and other nations that supposedly helped evade sanctions. The move aligns with the G7's efforts to reinforce sanctions and prevent evasion by Russia with help from third countries.
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News and Media
The Biden administration has expanded sanctions on Russia's oil and gas sectors to penalize entities engaged with Russia, costing its economy billions. The sanctions aim to hinder Russia's war effort in Ukraine. President-elect Trump, who has expressed a desire to end the conflict swiftly, has not yet commented on whether he will maintain these sanctions.
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News and Media
Just Dial reported a 43% YoY rise in Q3FY25 net profit to 131.31 crore, with revenue up 8.4% to 287.33 crore. Sequentially, profit declined 15%.
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News and Media
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